Superior Estates is pleased to introduce a great opportunity to lease a well-established restaurant situated in Moseley Village and currently being run as an Indian restaurant which has been established over 25 years on a busy parade situated on the A435.
The restaurant has 140 seating capacity and a fully fitted kitchen.
Ground Floor Seating Area
32' 01" X 18' 2" (9.75m x 5.54m)
Kitchen Area
26' 11" X 14' 9" (7.04m x 3.81m)
First Floor Seating Area
40' 11" X 18' 2" (12.22m x 5.54m)
The property is available at a rent of £42,000 per annum, subject to contract. Terms to be agreed
Rent is £10,500.00 (to be paid quarterly in advance)
Deposit is equal to 3 months rent
Full Repairing and Insuring Terms
Lease Price
Offers around £90,000.00 (including Goodwill, Fixtures & Fittings)
Alcohol License Available
Business Rates: Nil (Small Business Relief)
The money laundering regulations require identification checks and are undertaken for all parties purchasing/leasing property. Before a business relationship can be formed, we will request proof of identification for the purchasing/leasing entity.
VAT: No charge for the rent
EPC: Available on request
Our agency will not progress an application until the holding deposit has been paid and an application form is completed and returned by the applicant(s). To avoid unnecessary delays, it’s important that you return your application form(s) within 48 hours.
The holding deposit is the equivalent of one week’s rent, which once paid, is offset against the total balance due.
A tenancy cannot be completed until the agreed first month’s rent and bond are paid in full. On occasions, the Landlord may request a guarantor in order to offer a tenancy subject to referencing. The holding deposit is non-refundable should following referencing, it is discovered that key material facts have been omitted or prove false which then leads to the Landlord declining your application.
By paying the holding deposit, the property you have reserved will be taken off the market and all future viewings cancelled, and it is therefore deemed fair that the tenant will receive no refund should they later decide not to take up the tenancy or fail to move in on the agreed proposed check in date.
If the Landlord decides against proceeding with the tenancy, the tenant will receive a full refund of all monies paid.
Our helpful team are on hand to answer any queries and concerns you may have.
